----- Original Message ----- From: thomas malloy <[EMAIL PROTECTED]> Date: Sunday, December 23, 2007 0:41 am Subject: Re: [VO]: OT: Voodoo economics
> Michael Foster wrote: > > >Yes, Richard, it's appropriate that you should call this voodoo > economics,>because that's what it is. That's as opposed to the > time that George H.W. Bush > > > > > I've been expecting the American economy to collapse for 40+ > years, and > as my brother the contractor is quick to point out, I've been > wrong > right along. His son, who is working on a financial degree at > Columbia, > says that the GNP is continuing to grow, allowing us to pay the > interest, nothing more esoteric than that. Catherin Austin Fitts, > Under > secretary for Housing in Bush I, says that the banking system is > laundering drug money. I've decided that it is the will of G-d. > But I'm > always reminded of the engineer on the Titanic, who told Captain > Smith > that she had an hour and a half. He was conservative, it took just > over > two hours to sink. > > Interest is the tip of the iceberg of debt. More icebergs means less room to maneuver. Harry
